Roseville, California Bank Lends Money to Heavy Construction Company in Junction City, California

Find Roseville, California banks that specialize in small business loans and know how to work with entrepreneurs. Umpqua Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Junction City, California starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Umpqua Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HEAVY CONSTRUCTION
JUNCTION CITY, CA 96048

SBA Loan Lender

UMPQUA BANK
1050 PLEASANT GROVE, STE 110
ROSEVILLE, CA 95678

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

234990 - Heavy Construction

Loan Approval Date

10/3/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Good Banks for Small Business in Roseville, California

Getting an SBA Loan in California